Entrepreneurship Final Exam Review

Front

What describes the actual or potential purchasers of a product or service? Options: Targets, Consumers, Service Providers, Entrepreneurs

Back

Consumers

Front

A person who works for someone else: Aptitude, Employee, Entrepreneurs, Entrepreneurship

Back

Employee

Front

What is evaluation of your strengths and weaknesses?

Back

Self Assessment

Front

People who own, operate, and take risk of a business venture:

Back

Entrepreneurs

Front

What are the expenses incurred during the process of creating a new business?

Back

Start-Up Costs

Front

The ability to learn a particular job:

Back

Aptitude

Front

Which is NOT a disadvantage of Entrepreneurship? Options: Risky, Uncertain Income, You are the boss, Work long hours

Back

You are the boss

Front

Hiring new employees would fall under which part of a business? Options: Finance, Operations, Marketing, Human Resources

Back

Human Resources

Front

Which is NOT an advantage of Entrepreneurship? Options: Can choose a business of interest., You can be creative., Make a lot of money., You will make decisions alone.

Back

You will make decisions alone.

Front

What is the concept of conceiving and implementing new ideas, methods, and solutions?

Back

Innovation